100% occupied 11 Unit Mixed-Use asset in the heart of Downtown Schenectady. +/- 26,718 sf, 4 story building featuring one (1) studio, five (5) one-bedroom units, five (5) three-bedroom units & one commercial space. Ground floor retail space is occupied by long term tenant with 5 years of term remaining. Property was completely renovated in 2021 featuring industrial, loft-style finishes. Priced at a 7.40% cap rate on in place income and includes a PILOT program in place through 2031. Located in Downtown Schenectady right off State Street; steps from numerous dining and entertainment options. Priced significantly below replacement cost.
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Listing Snapshot
Price
$3,600,000
Days On Site
20 Days
Bedrooms
N/A
Inside Area (SqFt)
26,718 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.27 Acres
Year Built
1907
MLS® Number
202624413
Status
Active
Property Tax
$18,072
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 weeks ago
Listing first seen on site
3 weeks ago
Listing updated with changes from the MLS®
General Features
Acres
0.27
Additional Property Use
Mixed Use
Cross Street
Second Street
Property Sub Type
Mixed Use
Sewer
Public Sewer
SqFt Total
26718
Utilities
Sewer Connected
Water Source
Public
Zoning
Commercial
Interior Features
Cooling
Central Air
Heating
Forced AirNatural Gas
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Exterior Features
Construction Details
Brick
Roof
Rubber
Listing courtesy of Kyle J Bradley of Carrow Real Estate Services LLC
Listing information is provided by Participants of the Global MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Global MLS.
Last checked: 2026-09-09 09:13 PM UTC
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